4 Ways to Reduce Construction Costs

 

By Mark Cole

10.10.2024

 
 
 

Building your dream house is an exciting process and can come with hefty construction costs. So, how do you build a home that fulfills your family’s needs without leaving a huge dent in your wallet? The key to solving this problem is knowing the right ways to reduce construction costs and choosing the right home builders.

If you’re not familiar with these tips, don’t worry. In this article, we’ll explain how to reduce construction costs in more detail.

Ways to Reduce Construction Costs of Your Knockdown Rebuild, extension or renovation.

The following are the most effective ways you can use to reduce the construction costs of your new home.

Hire Your Custom Home Builder Early

Whether building a new house from scratch or investing in home renovations in Canberra, hiring a builder is a necessary part of the process. Professional builders know the best ways to reduce construction costs. Just make sure to hire the best custom home builder early in the project, preferably before the design stage.

This way, the design and construction of your home can be planned according to your budget right from the beginning. Hiring your builder after your plans have been finished has the potential to pose so much disappointment as the design may not meet your budget.

 
 
interior of room with table and chair
 
 
 

“Smart building starts with smart choices: cut the extras and let your dream home rise without breaking the bank.”

 
 
 

Scale Down the Size

One of the most basic ways to reduce construction costs when building a new house is by reducing its size. When designing your house, ensure that only necessary rooms are included, and each is suitably sized. Another way to reduce the scale could be the amount of glazing introduced into the knockdown rebuild. With a good solar passive design glazing can be reduced which will still allow ample natural light, improve energy efficiency, and save on costs.

Hold Back on the wants for the NEED’s

When building your custom home, it’s common to desire certain luxuries like pools, spas and high-end appliances. However, these costs can quickly add up. So, try to ensure that you cut down on too many luxury construction expenses.

Common ones include expensive light fixtures, bathtubs, tiles, etc. Instead, survey the market for cheaper alternatives. Custom Home builders have a range of access to different materials and supplies, and it can be powerful to explore all options through them, to use their trade discounts.

 
 
 
 
 
 

Complexity and Orientation

Complexity and Site conditions can often impact your budget. If you are located on a hill requiring big site cuts, basements, and extra drainage/waterproofing, it may increase your budget significantly. It also creates extra labor hours charged on the job due to the complexities and time-consuming nature of finishing the build. Flatter blocks with good access can make a huge difference to your budget and the efficiency of the build. With a detailed custom house builder on board from the beginning, they will be able to explore the best options for your site conditions from the start. You should also make sure the orientation of your house is in such a way that it efficiently uses natural light. This will help reduce heating, cooling, and lighting costs in the long run.

 
 
 

“Efficient planning today means fewer surprises tomorrow: reduce complexity, maximize value, and watch your budget breathe easy.”

White Bathtub and towel on the wall
 
 
 

CONCLUSION

The skyrocketing costs of building may prevent you from building the home of your dreams. However, by following our ways to reduce construction costs, you’ll be able to get the most value out of your budget. Hiring a skilled builder can help you make the best construction and design decisions, and further reduce your construction costs. So, contact us today at Freedom Built, where we have the best builders in Canberra. Remember, it’s never too early to start the discussion; enquire today to find out how we can provide value from the word go!

 
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How to Avoid Unexpected Costs for Your Upcoming Build

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Choosing a Builder- 8 Common Mistakes to Avoid